Accounting firm MarcumRachlin has leased 7,000 square feet at CityPlace Office Tower in downtown West Palm Beach.
The firm’s West Palm Beach office will relocate in August from Phillips Point to its new seventh-floor CityPlace digs.
“We feel there’s great value to the office tower’s central location and direct access to CityPlace,” said Larry Blum, MarcumRachlin managing partner, in a news release about the deal. “But it was the building’s comprehensive disaster features and systems that was the key factor in our decision to relocate. It’s reassuring to know that, even if the area is hit by a major hurricane, we can continue to service our clients uninterrupted.”
The 300,000-square-foot tower, which opened in 2008 after a spate of hurricanes wiped out power and disrupted many businesses, is equipped with a $4 million backup generator system that runs on redundant feeds of natural gas and fuel, high-impact windows and multiple telecommunication providers.
The $110 million tower, part of the mammoth CityPlace mixed-use project, is a joint venture between the Related Companies and Boca Raton-based Crocker Partners LLC.
Its other tenants include institutional money management firm Intech, Cleveland Clinic Florida, Carlton Fields, Shutts & Bowen and intellectual property law firm Novak Druce + Quigg.
Read more: MarcumRachlin jumping to CityPlace | South Florida Business Journal